Popular Midwest Donut Chain Files for Chapter 11 Bankruptcy
Jack’s Donuts of Indiana Commissary LLC filed for Chapter 11 bankruptcy on Wednesday in U.S. Bankruptcy Court for the Southern District of Indiana. The filing reveals the commissary carries $14.2 million in liabilities against approximately $1.4 million in assets and lists more than 100 creditors. Two related entities—Marcum Industries and KCL Group—filed simultaneously. According to […]
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Iconic Restaurant Chain Closes All Locations: ‘Time to Say Goodbye’
Southwestern Tex-Mex chain Z’Tejas said it is closing its final location, ending over 30 years of business across Texas and Arizona. Why It Matters The closing of this once-iconic regional chain reflects broader challenges facing the restaurant industry due to rising costs and changed consumer habits following the COVID-19 pandemic. Several other American chains, including […]
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Egg Surcharge Hits Another Restaurant Chain
Another fast-food restaurant chain is adding an egg surcharge as prices continue to surge nationwide because of bird flu. Why It Matters Egg prices have surged nationwide due to an outbreak of highly pathogenic avian influenza, which has significantly reduced the number of egg-laying hens. Average egg prices hit an all-time high last month, reaching […]
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